PROVO -- Nu Skin Enterprises Inc.'s fourth-quarter earnings rose 23 percent, helped by favorable foreign currency changes and strong growth in some overseas markets.
The company, which sells anti-aging skin-care products and nutritional supplements, also reaffirmed its full-year forecast on Wednesday and boosted its quarterly dividend by 8 percent.
President and CEO Truman Hunt said in a statement on Wednesday that strong growth rates were reported in Mainland China, South Korea and the South Asia/Pacific region.
Net income increased to $37.3 million, or 58 cents per share, for the period ended Dec. 31 compared with $30.3 million, or 47 cents per share, a year earlier.